In force · As amended up to 2026-08
18. Number of votes to which proprietors are entitled .—[1] * * * At such general meetings, no proprietor shall have more than eight votes, and[2] * * * the proprietors shall vote according to the following scale:—
|2|Shares|shall|entitle|to|1|vote.|
|---|---|---|---|---|---|---|
|4|"|"|"|"|2|votes.|
|6|"|"|"|"|3|"|
|10|"|"|"|"|4|"|
|20|"|"|"|"|6|"|
|35|"|"|"|"|7|"|
|50|"|"|"|"|8|"|
Source: India Code